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Conflicting Paradigms: Alternative Islamic Approaches To Some Business Ethics, Javed A. Ansari, S. Zeeshan Arshad Jul 2007

Conflicting Paradigms: Alternative Islamic Approaches To Some Business Ethics, Javed A. Ansari, S. Zeeshan Arshad

Business Review

This paper contrasts orthodox and revisionist Islamic approaches to an evaluation of ethical issues related to capitalist marketing, employee management relationships and finance. It argues that while the orthodox Islamic ethical paradigm is fundamentally oppositional to capitalism revisionist discourses provide an Islamic legitimation of capitalist order and can provide an ideological framework for subsuming Islamic economy and society within global capitalism.